COVID-19 Impact on "North America Elderly Care Market 2020" Analysis by Koninklijke Philips N.V, BAYADA Home Health Care, Econ Healthcare Group
Data Bridge Market Research has recently added a detailed research on the "North America Elderly Care Market 2020" to depict valuable insights related to significant market trends driving the industry. The report features analysis based on key opportunities and challenges confronted by market leaders while highlighting their competitive setting and corporate strategies for the estimated timeline. The development plans, market risks, opportunities and development threats are explained in detail.The CAGR value, technological development, new product launches and North America Elderly Care Market Industry competitive structure is elaborated. As per study key players of this market are Right at Home, LLC, Koninklijke Philips N.V, BAYADA Home Health Care, Econ Healthcare Group, Home Instead, Inc., ORPEA GROUPE, St Luke's Eldercare Ltd., Rosewood Care Group, Medtronic, Interim HealthCare Inc, United Medicare Pte Ltd., Trinity Health, Exceptional Living Centers, Amedisys, Living Assistance Services, Inc., ElderCareCanada, LHC Group, Inc., Encompass Health Corporation, EXTENDICARE. , Prolifico, FC Compassus LLC among other players in North America.
Elderly care market is expected to gain market growth in the forecast period of 2020 to 2027. Data Bridge Market Research analyses that the market is growing with a CAGR of 7.1% in the forecast period of 2020 to 2027 and expected to reach USD 914,897.72 million. Rising patient pool for chronic illness in ageing population is one of the major factors for the market growth.
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North America Elderly Care Market, By Product Type (Pharmaceuticals, Housing and Assistive Devices), Service (Institutional Care, Homecare, Adult Day Care), Application (Heart Diseases, Cancer, Kidney Diseases, Diabetes, Arthritis, Osteoporosis, Neurological, Respiratory and Others), Country (U.S., Canada, Mexico) Market Trends and Forecast to 2027
This Elderly Care Market report provides details of market share, new developments, and product pipeline analysis, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, product approvals, strategic decisions, product launches, geographic expansions, and technological innovations in the market. To understand the analysis and the market scenario contact us for an Analyst Brief, our team will help you create a revenue impact solution to achieve your desired goal.
North America Elderly Care Market Scope and Market Size
On the basis of product type, the market is segmented into pharmaceuticals and housing and assistive devices. In 2020, housing and assistive devices is expected to dominate the growth of the elderly care market, due to the requirement of assistive devices in homecare of elderly patients and growing geriatric population; those are not capable of self-assistance fuels the growth of the market in the forecast period of 2020 to 2027.
On the basis of service, the market is segmented into homecare, institutional care and adult day care. In 2020, homecare segment is expected to dominate elderly care market as homecare is designed in a way which enables comfort to aged patients and population and rising geriatric population in the North America countries leading the growth of the market in forecast period of 2020 to 2027. For instance, according to United Nation, number of elder population will be 122.8 million by the year 2050 in Northern America.
On the basis of application, the market is segmented into heart diseases, respiratory, diabetes, osteoporosis, cancer, neurological, kidney diseases, arthritis and others. In 2020, heart diseases segment is expected to dominate the growth of the market due to the growing incidences of hyper tension, blood pressure, cardiovascular diseases amongst elderly patients, leading the growth of the market in the coming year.
The countries covered in North America Elderly Care Market report are U.S., Canada and Mexico.
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Table of Contents:
1 INTRODUCTION
1.1 OBJECTIVES OF THE STUDY
1.2 MARKET DEFINITION
1.3 OVERVIEW OF NORTH AMERICA ELDERLY CARE MARKET
1.4 CURRENCY AND PRICING
1.5 LIMITATIONS
1.6 MARKETS COVERED
2 MARKET SEGMENTATION
2.1 MARKETS COVERED
2.2 GEOGRAPHICAL SCOPE
2.3 YEARS CONSIDERED FOR THE STUDY
2.4 DBMR TRIPOD DATA VALIDATION MODEL
2.5 PRIMARY INTERVIEWS WITH KEY OPINION LEADERS
2.6 DBMR MARKET POSITIONGRID
2.7 APPLICATION GRID
2.8 DBMR VENDOR SHARE ANALYSIS
2.9 MULTIVARIATE MODELING
2.1 PRODUCT TIMELINE CURVE
2.11 SECONDARY SOURCES
2.12 ASSUMPTIONS
3 EXECUTIVE SUMMARY
4 ELDERLY CARE POPULATION SPLIT BY POINT OF CARE
4.1 NORTH AMERICA
5 MARKET OVERVIEW
5.1 DRIVERS
5.1.1 INCREASING CASES OF CHRONIC DISEASE
5.1.2 IMPACT OF SOCIAL MEDIA ON HOME HEALTHCARE
5.1.3 RISING AWARENESS OF HOME CARE SERVICES
5.1.4 INCREASING GERIATRIC POPULATION
5.2 RESTRAINTS
5.2.1 HIGH COST OF ELDERLY CARE SERVICES
5.2.2 LOW PENETRATION RATE FOR ELDERLY CARE PRODUCTS
5.3 OPPORTUNITIES
5.3.1 INCREASING MARKET TREND TOWARDS ELDERLY CARE SERVICES
5.3.2 CONTINUOUS ENHANCEMENT IN TECHNOLOGICAL DEVELOPMENT
5.4 CHALLENGE
5.4.1 LACK OF KNOWLEDGE AND SKILLED PROFESSIONALS
5.4.2 GAP IN DEMAND AND SUPPLY
6 NORTH AMERICA ELDERLY CARE MARKET, BY PRODUCT TYPE
6.1 OVERVIEW
6.2 HOUSING AND ASSISTIVE DEVICES
6.3 PHARMACEUTICALS
7 NORTH AMERICA ELDERLY CARE MARKET, BY SERVICE
7.1 OVERVIEW
7.2 HOMECARE
7.2.1 HEALTHCARE
7.2.1.1 MEDICAL CARE
7.2.1.2 PHYSIOTHERAPY SERVICES
7.2.1.3 TELEHEALTH
7.2.1.4 PALLIATIVE CARE
7.2.1.5 HOSPICE CARE
7.2.2 NON-MEDICAL CARE
7.2.2.1 PERSONAL CARE
7.2.2.2 REHABILITATION
7.2.2.3 OTHERS
7.3 INSTITUTIONAL CARE
7.3.1.1 HOSPITAL BASED
7.3.1.2 INDEPENDENT SENIOR LIVING
7.3.1.3 ASSISTED LIVING
7.3.1.4 NURSING HOME
7.4 ADULT DAY CARE
8 NORTH AMERICA ELDERLY CARE MARKET, BY APPLICATION
8.1 OVERVIEW
8.2 HEART DISEASES
8.3 RESPIRATORY
8.4 DIABETES
8.5 OSTEOPOROSIS
8.6 CANCER
8.7 NEUROLOGICAL
8.8 KIDNEY DISEASES
8.9 ARTHRITIS
8.1 OTHERS
9 NORTH AMERICA ELDERLY CARE MARKET, BY GEOGRAPHY
9.1 NORTH AMERICA
9.1.1 U.S.
9.1.2 CANADA
9.1.3 MEXICO
9.1.4 EGYPT
9.1.5 SAUDI ARABIA
9.1.6 UNITED ARAB EMIRATES
9.1.7 ISRAEL
10 NORTH AMERICA ELDERLY CARE MARKET, COMPANY LANDSCAPE
10.1 COMPANY SHARE ANALYSIS: NORTH AMERICA
11 COMPANY PROFILE
12 QUESTIONAIRE
13 RELATED REPORTS
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